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If the aggregate supply curve is vertical, then the short-run Phillips curve will
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
Sample Mean
The average of a set of numerical values taken from a sample of a population.
Standard Deviation
A metric that represents the extent of variability or spread within a group of numbers, demonstrating how far apart the values are from their mean.
Sample Observations
Specific instances from a larger population used to gather data and draw conclusions.
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